Verizon has launched its first 5G hotspot device today, giving users in select US cities the ability to take advantage of the next-generation cellular network. This also means Verizon customers will be able to try out 5G with an iPhone before Apple includes built-in 5G modems expected in 2020.
After teasing its release at the end of last year, Verizon announced the launch of its first 5G hotspot today:
Today, Verizon debuted its fifth 5G-enabled device with the launch of the Inseego (Nasdaq: INSG) MiFi® M1000. When connected to Verizon’s 5G Ultra Wideband network, the device, exclusively available to Verizon customers, provides the large bandwidth and fast download speeds required for applications like 4K/8K video streaming, virtual reality and augmented reality (VR/AR), mobile workforce, industrial IoT and more.
The Inseego MiFi M1000 costs $650 outright and Verizon also offers a payment plan to bring the price down to $27/month. Alternately, there’s a two-year contract option that brings the price down to $500.
MacDailyNews Take: So far, Verizon offers 5G coverage in parts of St. Paul, Minneapolis, Denver, Chicago, and Providence with plans to roll out coverage in 25 other cities this year.
I’ll wait for another company. I’ve been with Verizon. One time.